Prepare For Economic Collapse

Prepare For Economic Collapse

August 22, 2019

A “frenetic intemperance” is destabilizing our economy. It is a restless, explosive and relentless drive inside man. It seeks to throw off all legitimate restraints and gratify all disordered passions.

Because of “frenetic intemperance,” our economy is coming apart under crushing debt obligations: personal, corporate, state and local government, out-of-control federal spending and debt, runaway trade deficits, a manufacturing base that has largely moved off-shore, and a wobbly dollar whose currency reserve status is increasingly challenged around the world. Crippling socialist regulations, laws, and taxes stifle businesses and individuals alike, squashing initiative and removing incentives to work and invest. No one expects a house without a foundation to survive a hurricane. Likewise, it is unreasonable to expect that, as the winds resulting from decades of profligate, irresponsible behavior reach gale strength, our society will withstand their destructive power.